Valore Acquires Digital Textbook Developer Boundless
Two Boston tech startups that have reimagined key parts of the college student experience are joining forces. Valore, focused on affordable textbooks and student loans, announced it has acquired Boundless, a developer of online/mobile textbooks and study materials.
The value of the deal wasn't disclosed, but I'm told that venture investors in Boundless have now received shares in Valore, a company that has been eyeing an IPO within the next few years. Valore says it's on track to surpass $100 million in revenue for 2015.